Description
Price Drop, Rare mixed-use development opportunity steps from the sand in amazing San Clemente. Close to Ole Hanson Beach Club and The Casino in beautiful North Beach. Property includes highly sought-after City and Coastal Commission approved plans. The approval process took four years. The existing structure is a 975 sq foot one-story commercial building. The approved plans are for a mixed-use residential/commercial three-story building. The commercial first floor will include a 297 sq foot garage. The second story will be 1 bed/1 bath, 1254 sq feet full residence with kitchen and front deck. Third floor will be 2 bed/2 bath, 889 sq feet with common area and ocean view decks outside each room. Potential long term/vacation revenue stream. Vacation rentals are permitted in this area. Plans are available upon request. Several areas of redevelopment and new construction are surrounding the property, ensuring future neighborhood enhancement and profitability. Don't miss out on this extremely rare opportunity steps from the incredible North Beach.
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3BEDS
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0.05ACRES
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3BATHS
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01/2 BATHS
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3,400SQFT
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$438$/SQFT
Description
Price Drop, Rare mixed-use development opportunity steps from the sand in amazing San Clemente. Close to Ole Hanson Beach Club and The Casino in beautiful North Beach. Property includes highly sought-after City and Coastal Commission approved plans. The approval process took four years. The existing structure is a 975 sq foot one-story commercial building. The approved plans are for a mixed-use residential/commercial three-story building. The commercial first floor will include a 297 sq foot garage. The second story will be 1 bed/1 bath, 1254 sq feet full residence with kitchen and front deck. Third floor will be 2 bed/2 bath, 889 sq feet with common area and ocean view decks outside each room. Potential long term/vacation revenue stream. Vacation rentals are permitted in this area. Plans are available upon request. Several areas of redevelopment and new construction are surrounding the property, ensuring future neighborhood enhancement and profitability. Don't miss out on this extremely rare opportunity steps from the incredible North Beach.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-30T15:36:29.33. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Accardo Real Estate Associates | Compass. Licensed in the State of California, USA.